Oil prices sold off on Friday on weak data from China, poor jobs figures in the U.S., and news that Norway’s sovereign wealth fund was divesting from the oil sector. Oil And Natural Gas Prices (Click to enlarge) Crude Oil Futures (Click to enlarge) US Oil Production (Click to enlarge) Crude Oil Stocks (Click to enlarge) US Crude Oil Stocks (Click to enlarge) Refinery Runs (Click to enlarge) Crude Oil Imports (Click to enlarge) US Gasoline Stocks (Click to enlarge) Friday, March 8th, 2019 Oil sinks on weak Chinese data. Weak economic data in China dragged down crude oil in early trading on Friday. “The trade surplus shrank unexpectedly sharply in February because exports slumped by more than 20% year-on-year. Imports were down year-on-year for the third month in a row. All of this fuels new fears about the economy in China and the world,” Commerzbank wrote in a […]